Dogecoin Dips Below $0.083 Amid Weak ETF Demand
Dogecoin's price has dipped below $0.083 due to weak ETF demand and bearish positioning in the market.
The token found support around its key moving averages, but spot DOGE ETF activity remains quiet, indicating a lack of institutional conviction.
A reading of 0.66 for Dogecoin's long-to-short ratio is at a one-month low, reflecting bearish positioning among traders.